Auditing F.53 assignment[1]

Auditing F.53 assignment[1] - specific documents 4 Yes it...

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Auditing Concepts Module F Pg. 759 F.53 A) 1. Not a Deviation because it was verified that “o.k.” is equivalent to a check mark. 2. Yes, it is a deviation because they should have control procedures for return merchandises. 3. It’s not a Deviation because “void” is like the people did put an eye on the
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Unformatted text preview: specific documents. 4. Yes, it is a Deviation because the checkmark was not placed near the quantity. 5. Yes, it is a Deviation because they have not accounted for the other ten items. B) The fallacy is that the audit team sampled might not represent the population....
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This note was uploaded on 10/27/2011 for the course ACCT 4263 taught by Professor Chaplin during the Fall '11 term at Fairleigh Dickinson.

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